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that. by your gifts online, paying tax, others don't, supreme court doesn't want to get in the middle of it. judge andrew napolitano has no problem getting in the middle of that. and then, consolidating your wallet into just one card. the high-tech idea could be the way we shop in the future. it is all coming up along with dagen mcdowell on "markets now." dagen: giddyup. changing out of the shirt you had done earlier and now you look more businesslike. connell: i will take that as a complement on both sides. i have no other choice but to check the market and talk to the judge. dagen: we have to hit your slender. we have gains on the market right now despite the better-than-expected numbers from adp, nicole petallides at the new york stock exchange. nicole: you mentioned adp, which was better. we also got new hom home sales numbers better than expected, we are seeing the market with three straight days of selling and they might have scooped up some opportunity. right now dow jones industrial of 41 points, a gain of one quarter of 1%. microsoft hitting new highs, goldman sachs and unite
listing means for the exchange. lori: big tax fighting back, some of the sector's biggest names callin: on washington to b government surveillance. their plan straightahead but first time for stocks now, let's head to the floor the new york stock exchange with nicole petallides. stocking sendin extending fridag jobs inspired jump. nicole: that is) jobs inspired jump, without enough to push us over the unchanged line for the week but we did have a nice gain on friday, 200 planes worth. today adding 19 points, that pales in comparison but still end up arrow nonetheless. at least has been kept to the upside up about one-tenth of 1% to a quarter of a percent. it is worth watching the s&p, it is up nearly 27% this year, which is the best year we have seen since late 1998. we have a big deal today. talking about the food company, u.s. foods reached a deal to merge. the total enterprise of the transaction everything included is actually over $8 billion. up 11.5%. back to you. adam: so, deal or no deal. negotiators in the house and senate work to hammer out a budget deal before the house leave
another massive package including more than $50 billion in spending to help offset sales tax hike. >>> mario draghi should be holding fire, despite the recent drop in inflation. investors eyeing the ecb's economic staff projections. >>> and i told you so. british chancellor george osborne may have reason to gloat. >>> and china's financial institutions are warning against trading bitcoins as the bank admits while there are risks, it could still use the currency. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. hello. a warm welcome to the program. the government has just unveiled an $18.6 trillion yen stimulus package which includes 5.5 trillion yen in fresh spending measures. this is to offset the accuracy in the sales tax which is coming in in april which raises the rate effectively from 8% to 5%. it follows the unveiling of a 10.3 trillion package back in january. a number of measures will be expected as far as this package is concerned. particularly for those on the lower income as well. we will get those measures as soon as
that want them to collect sales taxes from you. and that means you're probably going to pay more. i'm talking about being taxed on your internet purchases. i'll put it more simply for you. cnn's business correspondent christine romans is in new york to tell us why that's more likely. >> internet shales taxes, carol. supreme court decided it would not hear a case. it was probably the last cyber monday without sales tax for millions. states want tax revenue. online retailers want tax-free shopping. brick and mortar shops want online retailers to have the same taxes. uncollected sales tax, so the states want to find ways to get that tax revenue from web retailers. the sproem court decided not to get involved in appeals from amazon and overstock.com. the court let stand a ruling from a new york court requiring that internet retailers collect sale taxes even if they have no physical present in the state. this effectively ends, carol, ends tax-free shopping online for people and gets other states thinking about how they can bring in more taxes, too, carol. >> christine, thanks. >>> seattl
to have a tax on every model? you have to have a license to use the radio and pay it to the government, and the government runs the government broadcast, the bbc. in america that didn't go down terribly well, so advertising was proposed. there was enormous opposition. oh, no, you're going to clog up radio, we're going to have to listen to ads. it's just like how people reacting to advertising on the internet or advertising on twitter, instagram, this is terrible. this is exactly what happened with radio and, of course, advertising did come in, and it turned out to be the way you sustain that model. so every soap operas and all the other sorts of things. but it's a very familiar debate for those of us who use the internet today. >> host: october 29, 1969, bob taylor, charlie klein and re hard kleinrock. what happened? >> guest: this is turning on the internet. they didn't realize it at the time, but they were establishing the first link in what grew to become the modern internet. and this was an experimental network at the time, and it didn't work. it crashed after two letters. so they
you give a word of caution yes, sir of the year? do we wait until january? people have tax issues. do you think now is good time to address the market as we're sitting on highs for the day? >> sure. anytime we get to a new high you have to be cautious and why are we here? is it based on fundamentals or is it a little frothy? i think it is based on fundamentals. cheryl: you would wait? >> i would, wouldn't necessarily, well i would actually ease in. depends on areas. i look for opportunities when stocks come down when everything else is going up. comes up on my radar why did that stock go down? what is the specific issue. that is the way which i would property it. look for more of those divergences where there are stocks maybe at the market stays where it is, what is going down. why is it going down and look there if is there good fundamental reason to do it. we have a lot of political headlines in the election year. that could cause volatility in the markets. could be fun for people. cheryl: maybe now and january time to ease into the market? ease is the word of the day. >> like a hot
been the weakest recovery since the depression so what you see is tax collections coming back but only gradually and now with the softness of retail sales people forget that states rely on holiday retail sales for their own sales tax collections and that is not a good sign. connell: are not worried about another big city going the way of detroit. >> not over the long term but other big cities the problems with the pension systems and all these cities even chicago where some of the pension systems are 25% funded but they have a trust fund with money to pay people for now but going forward as investors look what it would take to repay the pension debt, more and more investors are saying i am not sure going forward i should do what detroit investors did a decade ago which is continue investing. dagen: bottom line for d 2 and other municipalities this could be this will bargaining chip to bargain with the unions in other cities. >> the judge has set a precedent. if he said the other precedent it would have removed that as a bargaining chip. connell: something that they had to have. thanks
people are going to react? >> people will say, what did i do to deserve this after all you pay your taxes, work for a living. you've been forced to change your doctor. you've been forced to pay more for inwhich you may or may not need but the second sticker shock which is as you point out, heather, deductibles. the study was done by health pockket incorporated which studies this kind of thing. the federal exchanges, they found out the bronze plan has an average deductible for individuals of $5081. let's point out that is money you've got to shell out from your own pocket before insurance coverage kicks in. $5081 for the bronze plan. i don't think that is affordable to a lot of people, heather. >> i thought it was interesting, they were taking a look at say one woman having a baby. if you look at these numbers, it's not covered. they pay all of it out-of-pocket, is that right? >> that's correct. the average cost of having a baby in some states, the states studied was over $6,000. if your deductible is $5081 and more for a family, your birth is not covered. this may result in some, not in t
. a low rate flat tax, spending restraint. you know the drill. it's all there. and that, this is all a consequence of very bad economic policies by this administration and congress, especially the senate and they've put through a lot of tax increases this year and you're seeing the consequences of it. look at what obamacare has been doing, it's liighths catastrophe and why would you expect something really good to be coming out of this mess? i wouldn't. >> i think we've had this conversation before. >> yeah, we have. >> unfortunately. are we going to have it again in a couple of minutes? because i question whether you're going to get any change in economic policy in the next three years, i don't think you are, but i'll come back to you on that one in a second, okay? >> it's a deal. stuart: i want to move on to amazon's chief jeff bezos on 60 minutes. he showed off a flight of amazon experimental delivery drones. yes, drones to deliver packages. keith fitzgerald is with us, keith, he's looking like the new steve jobs and amazon is behaving like apple. >> he's defining innovation and
about it. >> check with your tax accountant. some stocks cannot really go in because of a business tax. you want to be sure. you've got to talk with your accountant about these. the stock had a not great quarter and it's been knocked down. and the master limited partnerships have been coming down. but i believe in rich kinder. rich kinder is not dick heckman. he had a terrific company around, this one's not it. rich kinder made a lot of people a lot of money. i'm not going to abandon that company. but i do honestly right now like linn energy right now. higher reats don't have to be the end of the world, conn's might be a microcosm. wouldn't you like to have a stock that goes up gigantically? or would you say i don't want that gain because rates are going higher? stay with cramer. >>> coming up -- nice view? hilton's more than $2 billion ipo is about to hit the street. are there better accommodations for your cash? or should you try and book a room in this newly minted spot? ♪ [ male announcer ] this december, experience the gift of exacting precision and some of the best offers of th
watchdog is noting potential problems come tax season. the inspector general says existing irs systems do not have the capability to detect fraud when it comes to the subsidies set up to help people buy insurance in the form of tax credits. administration officials say the irs aggressively safeguards its systems to combat fraud and that the health care system is no exception. >>> the results of actor paul walker's autopsy are expected to be released today. he and his friend were killed in a fiery and tragic car crash moments after this photo was taken of the "fast and furious" actor stepping into a 2005 red porsche. the autopsy would confirm it. investigators they they don't believe they were racing but speed is an issue of the crash. the production of "fast and furious" is on hold. we should mention universal pictures shares the same parent company as this network. >>> the piano man has a few more songs to play on that baby grand. billy joel will take up a monthly residence at madison square garden as the venue's first-ever music franchise. the legendary musician will play concert there
for your 401(k). and then there is this. the split among democrats, taxes at the heart of it, the "wall street journal" weighs in on that. who knew, rodeo hits the big money. a barrel racer. and some airports say okay to eat cigarettes. we will take you there. and those russian diplomats milking medicaid, is it that easy to take our money? the answer is yes. watch out, charles payne and monica crowley are back. with more. ♪ look at this, it is a rally, stocks surging on the jobs report that came out an hour and half ago. last hour telling us a selloff is going to come this afternoon probably. charles payne is here, you disagree with that. charles: that has been the pattern. in those intraday sessions there was a point in the session we were up, in other words what the pattern has become, excitement in the daytime, morning and the professionals, the smart guys kind of selling into that. i don't think so. we will be challenged. stuart: are you or are you not protecting a 200-point rally at the close of trading? he will be happy with that? because the economy is stronger, profits are str
department watchdog is noted potential problems come tax season. the inspector general for tax administration says existing irs systems do not have the capability to detect fraud when it comes to the subsidies to help people buy insurance in the form of tax credits. the administration officials say the irs aggressively safeguards the systems to combat any fraud and as the affordable care act is no exception. >>> the result of paul walker's autopsy are expected to be released today. he and his friend were killed in a fiery and tragic car crash saturday just moments after this photo was taken at the fast and furious actor stepping inside a 2005 red porsche. walker said the actor was the passenger in that car. the autopsy is completed tuesday should officially confirm that. >>> investigatesors say they don't believe that walker and his friend were racing another car. speed is considered a factor in the crash. universal pictures said tuesday the production of "the fast and furious 7" is on hold. the company has not said how they might change the movie. it is die out july of next year. universal p
names. >> stocks up, too. you're not going to have that big tax loss fear. a lot of people saying i can find inexpensive tech, i don't need to go into the cloud. although apple is saying this is about ibm being wrong and apple being right. >> there has been an expectation of a china mobile deal. >> yes. >> unbeknownst to most people who hold the stock. that being said, 740 million china mobile subscribers, there is a fairly large audience they could conceivably be addressing to try to buy smartphones. >> do you remember the conference call that was the open rebellion against tim cook? it was withone of these things e i thought it was 1948 where stillwell had just lost china and now he's making a move. he did not lose china. >> we'll see. that fortune story has a lot of people talking about whether china mobile makes a big move in this direction, having not carried their phones till now. >> maybe samsung -- don't hear a lot about samsung having a revolutionary new phone. >> no, although they've got a lot of new patents, they're going to do the curve thing or fold thing. >> maybe they hav
nothing with intiethsmentes, nothing with tax reform, nothing with -- just paying for some, you know, trying to lessi inen the effect sequestration. >> look at the different points on the board. at this point in the game, we'll take that, right? >> and then the other thing that i just wanted to mention in following up on our conversations is what's going on in china? my man. my man. for the democratic party, i'm with biden. did you see, they send him over to china, boom, done. send my man joe over there who is like yeah, yeah, pats a couple can people on the back, tells a couple of jokes, takes back a couple of things he said and everybody is friends. he does it here, too, but it's already fixed over there. >> we have joe on here. >> carries out the plan and -- blow hardy. you send joe over, boom, done, fixed. thanks, joe, .and then they go out to a club probably. i don't know. anyway, back to wall street's top stories this morning, the november november jobs report current nonfarm payroll, it's 180. do you know the number? you know the number? no, you don't know the number a lot. >>
reforming the corporate tax code, offer high quality preschool to every child, encourage low-income students to attend college, enforce collective bargaining laws, raise the minimum wage and he challenged republicans, who posed those policy proposals to step up and offer their own. >> you owe it to the american people to tell us what you are for, not just what you're against. that way we can have a vigorous and meaningful debate. that's what the american people deserve. that's what the times demand. >> but here's challenge. for republicans to offer proposals of their own, they would first need to acknowledge that the growing income disparity in america is in fact, you know, a real thing, and have to decide if ideolodge cll cli it's an issue wooirt dressing and if so if it is the government's problem to fix. joining the table is mark mor yell, president and ceo of the national urban league and former mayor of my city, new orleans, joel berg, the executive director of the new york city coalition against hunger, and ovit roy, a senior fellow at the manhattan institute. i want to ask amy quickly
stumbling blocks? issue is if you don't use taxes and you don't dos with entitlements, how replace those sequester cuts? lots of ideas on the table, but each has its own issues, critics. some of the ideas, for example, aviation security fee for passengers every time they get plane. airlines don't like that. passengers don't either. some lawmakers call it a tax. aftere trying to go federal, woulders, make them contribute more to their retirement plans. withdoesn't sit well democrats. democrats also hoping to extend emergency unemployment benefits. more time they want that part of the mix. republicans don't like that idea. they think the emergency benefits should be canceled at this it point. john boehner hasn't closed the door completely on the issue, but it's one of the stumbling blocks. and after the report, deirdre, sell.ld be a tougher >> what if there's no deal? what's plan b? both sides are saying we want to avoid anything we can to not have a government shutdown. john boehner has said that there would be at a minimum, by the lawmakers leave for the holidays on friday, at least a te
on taxing some down. >> why do you think republicans seem so fixated on the government reliance narrative and this tax and spend. this tax and spend phrase that they of the to use over and over again? >> that's the only message that they've been able to promote, and i think a lot of the republican message has been similar to mitt romney's 47% comments and it's a problem for republicans because they spend the majority of the time since the 2012 elections trying to cut food stamps and we also know they oppose a minimum wage hike with respect to sequestration and they expressed concerns over the cuts and they've disproportionately impacted on those relying on headstart and meals on wheels and the rnc had come up with the 2012 autopsy report and it urged republicans to reach out to the poor and not simply be the party of the wealthiest americans and come up with policies that would actually lift americans out of poverty and they continued to push this anti-obama agenda and that's why they're reframing the debate around the economy because they know that's a winning issue for them and republic
, and the earned income tax credit to get by at a cost of nearly $7 billion a year to taxpayers. that's compares to 25% of the overall workforce who depend on such programs. as workers from wendy's to wal- mart call for a living wage. >> hold the burgers, hold the fries, we can't survive on $7.25. >> reporter: others are calling on congress to increase the federal minimum wage-- now $7.25 an hour-- and last raised in 2009. >> if you work hard, you should make a decent living. >> reporter: that includes president obama, who spoke wednesday about inequality at the left-leaning center for american progress. >> we all know the arguments that have been used against a higher minimum wage. some say it actually hurts low- wage workers; business will be less likely to hire them. there's no solid evidence that a higher minimum wage costs jobs, and research shows it raises incomes for low-wage workers and boosts short-term economic growth. ( applause ) >> reporter: not everyone buys those arguments. in downtown washington's freedom plaza, where skateboarders took advantage of unseasonal warmth this week,
and find out why you may have to pay sales tax for everything you buy online and the fight over food and they are considering cutting subsidies to some of the world's poorest people. ♪ ♪ good morning and welcome back to al jazeera america and i'm thomas and coming up, in a moment the verdict in the terrifying attack on the director of a dance company of the russian ballet and let's see what temperatures we will see across the nation and here is metrologist nicole mitchell. >> i should apologize for it and don't shoot the messenger and it will be brutal in the north and billings and we pointed this out yesterday morning and i was saying it's 40, enjoy it while you have it, it has done nothing but go down since and during the day yesterday and now at 14. the temperatures will continue to go down today, not up, during the heat of the day so to speak so we will have single digits by later this afternoon. so this is what is happening, with the front coming in it's going to just keep funneling the cold air in so some of the temperatures that will be single digit today will be negative
. >> they have to cut some deals. sears was a big -- >> right. but the tax revenues, whatever you get there, you're probably losing it as people leave unless you do something this. don't get me started. >> well, the governor said even though the senate passed it, the house -- >> they didn't have an auto industry or a bailout in illinois. that's purely just mismanagement of the whole pension situation. >> but it's failing to put the money in they've promised he year. there's a lot of states that promise these things and -- is. >> the whole detroit thing we'll talk about. it's a tough one because on the nightly news you'll see every retiree. they'll say, if a dollar is cut out of my pension -- >> and by the way, tier not making massive pensions. >> i know that. but right now, there's no city services. >> and detroit is a unique situation because you have seen a loss of the people living there. you can no longer support the infrastructure that was there for 1.5 million people when you see the numbers decline. >> and the journal has a piece and it sounds cold and heartless, but if public unions are
. >> are you going to push for a decline? sales to encome tax and then have a bank where you have a bank and put in $3 trillion, $4 trillion? you know can you do that if you push for it. >> i wouldn't doing repatriation holiday. i'd reform our tax code, bring the down, wut the loopholes whuch do that, you get some transition revenue. you can put that in a grand barg en kb. >> wool see youneck month. >> good morning, everybody. happy friday. what a rally we've got going here. whatever happened to fierce of tapering? we got cyclical groups, the telecomes, health care, defensive groups. we're up right across the board, folks. it's been a very strong rally right at the open but not strong inform a mr. one guy said it threads the needle perfectly. people putting together a list of what the skmik news looks like this week. here's a look for the bulls, gdp numbers very strong overall. auto sales, over 16 million, the highest in six years here. october home sales were the highest since june 2008. highest in manufacturing, highest in two and a half years and cyber sales were up 20% on monday. >>
talk about, tax, regulations. so talk about what you're hearing on the hill, what you're hearing at the white house. is there a chance to pass minimum wage nationally even through the senate? >> the minimum wage talk -- you hear that much more to the side than the unemployment insurance. steve and his chart noted minimum wage hiked in bush years 2007 the country had not gone through a recession and things were looking good. it took a huge amount of capital from the senators. ted kennedy keys speech pushed the bill over the top. i don't hear much talk or optimism that we're going to get a hike to $10.10. in fact you hear more skepticism about that. with respect to unemployment insurance, you're starting to see the debate heat up in part because it comes at a cruel time. it would be right after christmas, december 28th. you have about 1.3 million people losing benefits. the question is how do you pay for it. right now the cost is about $25 billion so these budget negotiations that are happening right now they are trying to figure out if they can find money to pay for that $25 billi
% to 10%? certainly. >> what about taxes? don't other aspects of tax reform like closing loopholes and changing the deductibility -- aren't they much more important for your business? >> that would be a material negative to our business. >> are you afraid of tax reform? >> no. the market will adjust. our business will go on. it is happen in places like germany and denmark. happened in places like germany and denmark. it will not be catastrophic for our business. would it be good? no, it would not be good, but i do not see it happening. it is an underpinning of the economy. achievea good way to that. >> let's talk about what you are doing in europe. you move from london to the u.s. 18 months ago. is that giving us a signal that the opportunities are here. no, i was 11 years in london and i wanted to raise my kids as americans. there are great opportunities in europe, but the u.s. is relatively more attractive because in your up you will have more volatility and lower growth. return -- youter ought to earn a better return in europe then the united states . being very selective. we ha
people sign up online start to finish and for a time has felt like he's making progress. >> it tax like two minutes to get the results. this is what ear eligible for, would you like to enroll, and choosing a pair, some plans and premiums. it works very well now. so it's exciting that people can come in and in like, half an hour, find insurance. it's rewarting. >> a sort familiar with the situation says in fact over the last month about 100,000 people have been able to select plans on the troubled healthcare.gov, as they've made improvements. add that to the 231,000 confirmed enrollments from the states. that brings you to about 333,000. the big question now, though, is just what's happening on the back end, and sue, i can tell you insurers are still concerned they are not getting the right information when they get those transmittals over to them b. >> understandably so, bertha. thank you very much. we turn to that del re derailment. mary thompson is live on the scene in bronx, new york, with the continuing investigation. mary, over to you. >> reporter: what a difference a day makes. wh
fraud on their 1040 when they say they deserve a tax credit for obama care. so you can go ahead and put it on your 1040, say i tee serve a credit, i'll take taxes off right here, do the math, send it in and they have no way of checking it. number two, that they also can't -- once they find out you've done something wrong, can only say don't do that anymore. the other one in the "new york times" today said that the white house now is offering incentives, dirl iadditional i e incentiviincentive i s to the insurance companies to the tune of $1 trillion. $1 trillion. to insurance company bailouts.c trillion. $1 trillion. to insurance company bailouts. that's taxpayer money and here it is again, guy, it's another lie, another you can keep your insurance company and you can keep your plan, and now no more bailouts. remember he said no more bailouts. >> also said it wouldn't add a dollar to the deficit and the insurance companies knew they were always going to get this. that's why i don't buy when anyone says it will collapse on its open weight. they will continue to pump money into save it. i
african-americans might qualify for medicaid, the children's health insurance credit or tax premiums to lower premiums. >> they can score political points by attacking affordable care act, or they can save taxpayer and ensure that thousands of their citizens have access to qualify health care. >> the cost could be astro nommical. another report by national center for policy analysis, claims in one state alone, arizona, medicaid expansion will cost taxpayers about $1 billion a year. emanuel stressed he still believes enough young and healthy people will sign up to pay into the system and help balance it out urks. >> i think there will be a fiscally safe budget. >> usa today recording that scores of people dealing with this glitch and not being able to get insurance before the december 23rd deadline to enroll. >> ed on the north lawn. thank you. >>> some people think the revamped health cacare.gov look better. but looks can be deceiving. >> there is a new future at healthcare.gov that puts premiums and deductibles or out of pocket expenses on the same screen, so the prices are easy to
steam or at the end of the year for tax planning purposes. keep in mind, this is an 85% increase from the numbers we saw in october and the highest levels we have seen since may. definitely, a lot of selling happening. here is some big names we saw the most inside selling over the past three months. best buy, $200 million worth of shares sold by insiders over the past three months. amazon saw $400 million worth of shares, including jeff bezos selling a chunk, and google and microsoft, $830 million. some top dogs, eric schmidt, larry page,er is sergey brin. retail with coach, ceo lew frankfort, and biggest was richard kinder bought nearly $8 million worth of shares in september. the biggest buying we saw was in davida health care, the dialysis health care, warren buffett's berkshire hathaway added a huge chunk to their stake. they've been steadily adding over the last couple of months. maybe not a big surprise. traders said, some of this is seasonal, some is tax planning. when you've had stocks with such a big run, always interesting to note which stocks are seeing the biggest insider
, you need to buy rape insurance. >> we believe that abortion is not health care and that tax dollars should not be going to pay to subsidize abortions. >> the people are dumbfounded that this is even before it at this point. >> some are calling it rape insurance. michigan may ban abortion coverage even in cases of rape and incest. >>> also the jobless rate falls to a five-year low. why some say now is the time to find a new job in this country. we'll talk about it on the other side of this break. this is msnbc. [ male announcer ] here's a question for you: if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. life with crohn's disease ois a daily game of "what if's". what if my abdominal pain and cramps come back? what if the plane gets delayed? what if i can't hide my symptoms? what if? but what if the most important que
and your tax rates, they're paying a very low tax rate. >> i know. i covered that as a reporter for the l.a. examiner when i wasn't covering homicide. and i said, boy, the rich people get richer and richer. at that point, i was very involved in the unions. it was an early precursors to what happened. i led a wildcat strike once in my life. >> did you really? >> yes. i did. we got completely annihilated. >> you've done so many things. >> i was one of these protesters. you have to boycott jp stevens? i was wearing jp stevens clothes. everything i did was -- >> one man at a time. >> it was such a disaster. every time i got involved with unions, it was bad. you didn't want me in your union. >> let's get to pisani and see what's moving dow down 25. >> modest declines, moving 279% on that better than expected gdp report. electronic stocks, housing stocks getting hit more than the rest of the markets. gold getting crushed again today. mentioned the gold miners, five-year lows that we've seen recently. i want to take up your question this morning, jim. because i think that's the right question on
of knowing if people will commit fraud on their 1040 when they say they deserve a tax credit for obama care. so you can go ahead and put it on your 1040 and say i deserve a credit, i'm going to take taxes off right here and they have no way of checking it. their computers don't do it. also, once they find out you've done something wrong, they have no teeth to penalize you. they can only say don't do that any more. that's the first fact that came out today. the other one in "the new york times" today said that the mouse is now offering incentives, additional incentives to the insurance companies, incentives we didn't know about before, but get this, to the tune of $1 trillion. >> right. >> $1 trillion in insurance company bailouts are going to go to the insurance companies behind the back, that's taxpayer money. here it is again. another lie. another president obama you can keep your insurance company and you can keep your plan, you can't keep your doctor and now no more bailouts. remember when he said no more bailouts? this is a massive trillion dollar bailout. >> he said it wouldn't add a
that was not paying taxes in america and using the old mantra no taxation without representation, i thought that i should get our try and get american citizenship. so i applied for small for a green card which it did not kid. and you have to wait five years once you get a green card. applying for citizenship. and i finally did that in 27 -- 2011. i was called to my interview there. there are things, into a bride in english. want to make sure you complete. but they turned general knowledge questions about america, the first of which i managed to screw up rarely did he simply wanted to know. and without thinking had plated of america the beautiful and the immigration officer said it will she was not what it is which is the star spangled banner, but i'm afraid that's one wrong. you've only got nine more chances. a distinct possibility vimy denied permission. and then was one man. complicated story helicon about. they have not talked to people to take the oath on the after deck of the u.s.s. constitution which is this wonderful sailing vessel, the oldest commission water should actually in the world.
reduce the debt, doesn't close corporate tax loop holholes or fully repl sequester cuts. rob portman believes a deal will come soon. while not trying to rock the boat. >> the key is that we not have another government shutdown, that we do keep the spending caps in place. that we don't raise taxes at a time when the economy is still weak and i think we can accomplish that the next couple of days. >> congressman chris van hollen says he puts the chances of a deal at 50-50 and that any cuts to federal employees' pensions would be a deal breaker, at least for him. >> you cannot be asking federal employees to bear the share of the burden that they're asking for here as part of an agreement when you're not asking, for example, agribusinesses that get huge taxpayer subsidies to have a contribution. >> of course he has a slew of federal employees in his district. joining me now dnc congresswoman debbie wasserman schultz of florida. thanks for being here. now, the "washington post" quotes the head of a bipartisan think tank that this could be declared a victory is an indicator of how low the
like taxes, regulations, healthcare costs rising, but they are focusing on how they can get business done. and how they can work with their suppliers underperforming. " franz adds that high manufacturing inventory levels will likely give a boost to today's data. it's hard to get a clear view of what's happening in housing.on the up-side for sellers, prices are up. so are conventional sales, more so than distressed sales. and building permits are up in boston, new york city, san francisco, austin, houston, oklahoma city and san jose.jed kolko of trulia says this is one lagging area of the recovery that is finally starting to pick up the pace. " construction is still running at about 40% below normal levels. so this boost in new building permits is good news for one area of the housing recovery that's taken longer to recover." on the flip side, permits are down in atlanta, phoenix, las vegas, sacramento, chicago and detroit. and pending home sales are down for the fifth straight month. its deja vu all over again in a corner of the subprime lending market...though this time its smal
stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is enormous. that's how they price the p and get you over the finish line and look at the fixes and blue cross blue shield where they hired temporary people to come back and the information was filled incorrectly in the field. and now places like florida and even reports in connecticut, where they are saying, maybe we need to interact with the state's website to it verify the information. and maybe we need to hire an outside vendor to verify the information without relying on the federal website. >> say norred? >> florida, ohio and texas, they have pilot programs where they are trying to figure out nuts and bolts on our own? if
creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> and welcome back. tonight we're looking in depth at health care in privately run prisons in america and in the second part of his investigation, america tonight's adam may, said that in an effort to save money, privatized care has sentenced some prisoners to death. >> it's a growing trend, states looking to trim budgets. to date, at least 28 states have privatized prison care. american friend services, in arizona, since the time the state privatized the prison health care , cost dropped $30 million. 50 people died in arizona department of corrections custody in just the first eight
taxes. and still ahead here on our team opposition to genetically modified foods has grown by leaps and bounds all of gmo to get the glare of little was said or done about it differently the modified to you jen assets will tell you more about this overlooked process after the break. who knew him i knew. i knew. each the air. the road the door stories. you know. since changing the world likes. no pictures. it is. i don't every day in opposition to the use of genetically modified organisms or gm those gains more and more action as advocates call for their respective state or country to implement food labeling mas and band gmo crops. that mounting pressure seems to be working just last july monsanto the leading gmo manufacturer when drew applications to sound genetically modified seeds in the european union. however while she and i have begun to lose their luster other chemical companies are using monsanto is bad press as an opportunity to open up the market to another questionable technique. it's called new genesis and snail mail. in fact it's been around for years. even now it's been
for the first time in 20 years. >> i was very surprised at the prices actually. we entered all my tax info and income and stuff, and i was pleasantly surprised. >> reporter: erin is in her 40s and has health issues but for the new law to work, the white house needs millions of healthy young people to sign up to make coverage moreffordable for everyone else. the president made his pitch during a white house youth summit wednesday. >> i hope you haven't been discouraged by how hard it's been because stuff that's worth it is always hard. >> reporter: a new harvard university poll shows just 20% of americans under age 30 plan to enroll in a health care plan as part of the affordable care act. nearly half say they're unlikely to sign up. >> i would rather do the finer things, obviously. i don't know how much health insurance is but i know it's a lot more than that. >> reporter: the white house is hoping 7 million americans will sign up by april. now, as part of the administration's effort to focus on a different benefit, today the white house is going to be concentrating on insurance companies
: they want more than a new election, they want the government rid of yingluck shinawatra and any kind of tax and regime influence as they say. this is something that is right through the last two weeks and any influence that the ruling party has because of the connection to the yingluck shinawatra the prime minister in exile and they got elections to take place in the next five to six weeks the leader of the antigovernment union saying that is not enough and spoke before we came on air but will speak again on the stage behind me in the coming hours. this is a big rallying speech because this is the final day of this type, this phase if you will of this movement. it will be interesting to see how they transition after they spend the night and transition into more of a political fight and sounds like the protest leader says they have done this part of it and gone to the street and proven their point this way and getting the goal of the resignation of the prime minist minist minister yingluck shinawatra is the big question. >> reporter: since 2001 the pew thai party has won't every election an
's $17 trillion debt, close tax loopholes, or change health care and retirement programs. the deal is expected to be completed later this week. >>> asian markets got a list from strong export numbers in china and a sliding yen. tokyo's nikkei added more than 2% for its best one-day gain in three months. hong kong's hang seng gained a quarter percent. >>> the stock market could get a jolt this week as more ompanies are expected to announce lower than expected quarterly earnings. the dow finished 198 points higher on friday driven by four months of consecutive job gains. gains. the nasdaq gained more than 29 points. >>> fed officials expect continued improvement in the nation's economy in the next year. the feds have repeatedly criticized the program. the new york times says the plan to cut the bond buying program could come next week. >>> gasoline prices are moving higher. the average price of a gallon of regular nationwide increased 3 cents over the past two weeks to $3.28. the lundberg survey says prices at the pump have risen 6 cents over the past nine months after a three-week d
the oakland hills looking across the bay toward the north bay. there's mount tax if you look real close, you can see our camera up there which right now is looking back out over the bay toward hercules, rodeo, where we have clear skies but the fog now fathering the coast and its forecast to push in for tonight so we'll have low clouds to start out the morning but then low clouds clear 8-10 and we'll see sunshine midday but then we have a storm coming in for the afternoon and evening that's going to increase the clouds once again and we'll see the chance for sprinkles, best chance is in the north bay tosanta rosa starting around 5:00 p.m. and it continues southbound through the rest of the night but just a few drops is all that's expected. this system will bring in much colder temperatures for the rest of the week that sorts tuesday, lock for gusty and cold north winds for the day temperatures dropping 5-10 degrees from monday to tuesday and it's going to be pretty frigid rest of the week especially in the morning hours. here is future cast temperatures, this is tomorrow afternoon so we're dr
's purchases. and then the gold coins tossed into salvation army kettles with no recognition or tax break for the giver. this runs against the grain what you've been hearing about america. there's a constant drum beat about mean corporations and c callous americans and in short, the left hates charity and they want to take it because you've got it. i think we're going through a bad patch, actually. the real america is still there. it's just lost its public voice. that's why the mystery tipper, the layaway angel and the coin in the kettle stories, that's why they're so important. they remind us that america is a generous country and americans are quite prepared to give anonymously and without reward. it's a great country. ut fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on
that the city of detroit takes in to their tax receipts and revenue, $0.40 on the dollar has to go as far as dealing with the debt that detroit has accumulated. if they did nothing that proportion would go up to $0.65 on the dollar. that is money that could not be spent on garbage collection, firefighting, and police. it's eating up a huge portion of the money that detroit wants to spend to rebuild the city. >> how could--what we are seeing and have seen in detroit, ripple out elsewhere? >> it could have an effect because there are cities that are considering a bankruptcy type of format because they are also in the red. if detroit is able to do this by cutting back on pensions that workers were promised or taking it to the unions you might see some other cities follow suit and say it worked for motown. perhaps the city of chicago, we'll talk to somebody on our show on that city. a lot of people are watching this very closely as a way to cut back on pension obligations. some are heading to federal court. >> what else are you working on? >> we have a great show. i know when you were at turn
of outstanding issues. we talked about unemployment insurance. we got over 50 tax extenders that will expire this year. they're important to number of important industries and costs to the economy. >> one of the big issues you talked about, extending those emergency unemployment insurance benefits. democrats are arguing about that on the house floor. republicans say these are emergency measures. democrats say that, look, economy is still in trouble. we still need to extend the emergency unemployment benefits. on january 1st, the maximum unenemployment benefit goes from 73 weeks, to a maximum of 26 weeks. house speaker john boehner says president obama has proposal to extend those benefits. back to you. adam: rich edson, thank you very much. >> factory workers and labor organizers. raising, to raise a federal minimum wage. >> few moments ago the demonstrators lift the scene. look at video. reported just a short time ago. at one point, things got very tense. some demonstrators tried to force their way into the restaurant. restaurant hired a security guard. and apparent the demonstrators decide
between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >>> michael eaves is here with sports. it kind of feels likely the n.f.l. playoffs have started. >> like the free playos. win the games and get into the post-season carrying the n.f.l.'s best record, the seahawks were looking to secure the nfc west division title and the first round bye. all they had to do was defend the san francisco 49ers. they won last two meetings. the seahawks lost four games to the 9ers. russell wilson would give them a 14 to 9 lead with the only touchdown pass of the game. colin kapernick threw one, an 8 yard to give the 9ers a 16-14 le
. $15 an hour, tax the rich, you must have health insurance or else. here is my take on the command economy. that's what it is. the left quarterbacked by president obama is trying to command the return of prosperity, command fairness, with an of a magic wand and command the economy to obey the white house. look at the $15 an hour movement. they want to legislate wages. it's not what you bring to the wage table, it's what politicians decree you should be paying, that's a command. look at the tax the rich idea. and that's an attempt to command income equality. wave that wand, make them pay, even more, and they tell you we will be all more equal. really? and how has that been going for the las five years. and then obamacare, perhaps the new motherload of the command economy, you shall have health insurance. you will give us your personal information, and stop whining if we lose it. you had enough of this yet? you see, it doesn't work. command economies do not produce widespread prosperity. they do not produce fairness, it is the politically connected to win by command. but most importa
, in the early spring, you know, of last year. so, listen, here's the problem, does the internet sales tax matter more to retail shopping than weather? i think that the retailers have built it in that they know it's going to be -- dennis: every holiday season everyone worries about weather and retail sales, the thought that you have six fewer days that you're going to buy your kid fewer gifts, not going to happen. cheryl: matt, i will say the numbers have been weak this year, and i thought especially this year with the economy turning around we would -- >> but is the economy turning around? we have the lowest labor force participation rate in this country than any year since 1978. you can have some numbers up, stocks up, a few things, but if people aren't working and making money, they're not going to be spending. that's a fundamental, and it's still bad. >> here's a forecast for retail sales. you're going to see more discounts coming in be, right? it's been tend. >> as it should be. cheryl: any picks, charles? >> on the retail side, golly, i normally do. >> abercrombie. >> i'm assuming you're al
they qualify for tax subsidies to lower costs. there are so-called back end problems the way customers get information to insurance companies may mean some people who think they are signing up won't actually be covered. earlier this morning on "fox & friends" former vice president dick cheney said the long list of issues with the law is evidence that the government should stay out of personal health care. take a listen. >> the idea that the government that can't bring us a website that will function effectively is now also going to deliver a better health care system, i just find ridiculous. if you can't design and run a website, what the heck are you doing messing with the health care system of the united states? jenna: peter doocy is live in washington with more on this story and has been looking at the website since it launched, peter. what can customers do today and see today they couldn't on launch day? >> reporter: jenna it is very easy to see your deductible and out-of-pocket costs right next to your potential premium and that information is available for the first time on one scree
employee health care and passing a sales tax. >> we have made drastic reductions in our sales force which reduces the liability for the peptions going forward. we have also made drask are reductions in the pay our glows really proceed. >> go after stockton's pension fund, an unlikely prospect for retired stockton city workers. >> we've already lost our medicals, we've taken a hit, others didn't but we did, take a big hit. >> it's become a complicated legal matter but one to follow closely for alfred and others like him across the country. melissa charn, al jazeera, stockton, california. >>> a huge deal has got passengers asking, will air flight be more expensive? american airlines and u.s. airways have completed their merger. four airlines now control 80% of the country's flights. david shuster is sitting in for ali velshi who is leading our team in johannesburg. dave, good to talk to you. what does the airline sector look like after this deal? >> tony, the latest round of consolidation began in 2005, american eagle, delta, northwest a few years later, united, continual nenl, and southwes
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